Overview
What is Hope Educational Foundation International Inc?
Hope Educational Foundation International Inc, based in Pompano Beach, Florida, is a dedicated nonprofit organization. Their mission is to combat numerous challenges impacting children and youth globally, primarily through education. In 2022, they distributed 18 million books and provided live and digital training to over 1 million teachers, master trainers, and workers. The organization's digital content was viewed over 11 million times on apps and websites. Their core activity emphasizes fortifying families through research-based enrichment activities. The Foundation operates with a strong commitment to improving the lives of children and youth worldwide.
Official website here: www.hopeeducation.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 80%, Three-Star out of Four Star rating.
Hope Educational Foundation International Inc has earned a Three-Star rating from Charity Navigator, reflecting an 80% overall score based solely on its Accountability & Finance beacon. This rating indicates a strong commitment to financial transparency and responsible management, particularly highlighted by its 100% independent board and no reported material diversions of assets.
The organization excels in maintaining excellent financial ratios, with an impressive program expense ratio of 98.80%, demonstrating a strong focus on its mission. It also has comprehensive governance policies in place, including conflict of interest and whistleblower policies, which contribute to its accountability.
However, the foundation faces challenges in fundraising efficiency, as indicated by a score of $0.00 in this area, which suggests that it may struggle to raise funds effectively. Additionally, its working capital ratio indicates limited financial sustainability, with only 0.02 years of working capital available. These limitations may impact its ability to expand or sustain programs in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Hope Educational Foundation International Inc legitimate?
Hope Educational Foundation International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hope Educational Foundation International Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hopeeducation.org
What is the mission statement of Hope Educational Foundation International Inc?
Hope Educational Foundation International Inc's mission is focused on preventing various systemic challenges that impact children and youth globally, primarily through education. The organization strives to accomplish this goal by implementing research-based enrichment activities aimed at strengthening families. In 2022, the foundation distributed 18 million books and provided live and digital training to 1 million teachers, master trainers, and workers. Additionally, the foundation's educational content was viewed over 11 million times through apps and websites.
Official website here: www.hopeeducation.org
Who is the CEO of Hope Educational Foundation International Inc?
Nicole Johansson is the Chairman/President/Director of Hope Educational Foundation International Inc.
Official website here: www.hopeeducation.org
What is the revenue of Hope Educational Foundation International Inc?
Hope Educational Foundation International Inc's revenue in 2022 was $3,063,030.
Official website here: www.hopeeducation.org
Who are the executives of Hope Educational Foundation International Inc and what are their salaries?
There 5 volunteers at Hope Educational Foundation International Inc.
Here are 5 key members and their salaries:
- Compensation: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.hopeeducation.org
Where can I find the form 990 for Hope Educational Foundation International Inc?
Hope Educational Foundation International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopeeducation.org
Learn more at the official website: www.hopeeducation.org
Mission Statement of Hope Educational Foundation International Inc
Hope Educational Foundation International Inc is committed to mitigating the most widespread challenges that impact children and youth globally, primarily through the power of education. Their mission, in simple terms, is to strengthen families by employing evidence-based enrichment activities. In the year 2022 alone, they distributed 18 million books and provided live and digital training to an impressive one million teachers, master trainers, and workers. Furthermore, their educational content was accessed through apps and websites over 11 million times. By engaging with Hope Educational Foundation International Inc, families worldwide are given the tools they need to overcome the systemic threats that often impact their children's development and wellbeing.
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Impact
July, 2024
Hope Educational Foundation International Inc's impact can be seen in the significant efforts made to prevent systematic threats affecting children and youth worldwide through education. The organization's initiatives aim to strengthen families through research-based enrichment activities. In 2022 alone, the foundation distributed 18 million books and provided live and digital training to 1 million teachers, master trainers, and workers. Additionally, their educational content reached an impressive 11 million views through apps and the web, demonstrating a wide reach and engagement with their mission. This proactive approach towards utilizing education as a tool for positive change showcases the organization's commitment to making a tangible difference in the lives of children and youth globally.
This information is meant to be a general summary of Hope Educational Foundation International Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $48,658
- Program Service Revenue: $105,641
- Gross Receipts: $3,063,030
Assets and Liabilities:
- Total Assets: $51,087
- Total Liabilities: $10,208
- Net Assets: $40,879
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
School Placement Fees
Revenue
$105,641
Organization Details
Founding Year
2004
Phone
(954) 968-3044Principal Officer
Nicole Johansson
Main Address
600 SW 3rd Street Suite 5300, Pompano Beach, FL, 33060
Website
www.hopeeducation.orgNTEE Category
Code: P40 - Human services
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